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ISLAMABAD:  Some sugar mills have installed additional plants for producing ethanol and electricity which provide them with extra profit, revealed the Ministry of Industries during a recent meeting of the Economic Coordination Committee (ECC). According to the ministry, sugar stock in the 2017-18 crushing season, which ran from October to September,...
KARACHI: The State Bank of Pakistan (SBP) has set a credit disbursement target of Rs1.25 trillion for the agricultural sector, which is around 20% higher than the country’s public sector development budget of Rs1.03 trillion for fiscal year 2018-19. This is not for the first time that the central bank has...
KARACHI: Federal Min­ister for Law and Justice Dr Farogh Naseem has said that because a lot of economic activity is generated in the agriculture sector, the federal government should collect agriculture tax. Speaking as chief guest at the annual dinner of Pakis­tan Tax Bar Association (PTBA) on Saturday night, the...
ISLAMABAD:  A power plant has been inaugurated recently in Thar and many other projects of the total capacity of 5,000 megawatts are in the pipeline. However, electricity production is not the only possible use of Thar coal. Gas, fertiliser, and steel can be produced out of it – in some, it...
ISLAMABAD: Pakistan is an agriculture-based economy but farmers have been neglected for decades due to pro-industry policies of successive governments. The 2013-18 tenure of the Pakistan Muslim League-Nawaz (PML-N) government proved quite damaging for the agriculture sector when it posted a negative growth and cotton production hit its lowest in recent...
THE future of the Bt cotton variety seems to be hanging in the balance in Sindh as farmers struggle with declining acreage in one of their major cash crops. From water shortages, increased pest attacks, adulterated seeds and lower-than-before prices, growers find it hard to keep pace with cotton sowing. Until...
ISLAMABAD - National Agricultural Research Centre (NARC) Wednesday announced developing a new variety of high yielding garlic seed. The declaration was made after the committee members approved the new variety of NARC-G1. According to scientists the variety was picked up from wild and after long evaluation it has been found fit...
ISLAMABAD: Pakistan is expected to face acute water scarcity in the current Rabi sowing season which may spark a food security crisis as the Indus River System Authority’s (Irsa) advisory committee has projected a 38% water shortage. Earlier, an Irsa member from Sindh had told a parliamentary panel that the country’s...
China is likely to extend unilateral concessions to Pakistan in rice, sugar and yarn contingent on the successful conclusion of second phase of Free Trade Agreement (FTA), well informed sources told Business Recorder. The 10th round of China Pakistan Free Trade Agreement (CPFTA) is expected to be held during second week...
The fertilizer industry is reportedly trying to block government''s decision regarding import of additional 100,000 tons of urea, giving the impression that the decision is anti industry. Fertilizer Manufacturers of Pakistan Advisory Council (FMPAC) has conveyed its reservations on the ECC decision, in a letter on April 5,2019. Ministry of...

Opinion

meat livestock authority trade

Halal food trade

The government’s lethargy towards tapping the international Halal food market is inexplicable given the huge potential that Pakistan has in livestock, dairy and poultry...